alimony payments, student loan interest, and teaching expenses. Itemizing is typically more beneficial if your total deductible expenses exceed the standard deduction. With a $1,000 tax credit ...

You may qualify for tax credits for caring for a child or dependent or investing in clean energy for your home.

alimony payments, student loan interest and teaching expenses, among other deductions. Charitable donations can be deducted from your taxes as long as you itemize your deductions. In general ...

The Social Security Administration (SSA) provides critical financial support to millions of Americans through programs like ...

Did you ever wonder if alimony is taxable for the ex-wife. This is because the alimony is paid by husband after paying all the due income tax. Experts say, various court judgements said, yes ex-wife ...

Imputed earnings refer to income that is assigned to an individual by a government agency or a court, even if they do not ...

Learn how to lower your tax liability with these 5 effective strategies: optimize withholding, maximize your HSA, avoid the ...

Tax Talk covers the Individual Retirement Arrangement (IRA) rules when filing your taxes. They have labeled it The Tax Provision from Hades.

Here are the financial and practical considerations in choosing between marrying your partner and choosing a domestic ...

On the other hand, if you are paying alimony under such an agreement, you cannot deduct the payments from your income tax. However, state tax treatment of alimony may differ. Child support ...